The cost of gasoline and the carbon footprint of EVs could both fall in the new year.
The U.S. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. Solar alone is expected to increase 39% from 2023 thanks to continual increases in generating capacity, according to the EIA. It’s part of a broader shift toward wind and solar that’s been underway for some time.
Offshore wind farm
And as noticed by Ars Technica, the U.S. energy mix points toward all emissions-free sources together adding to 40% of total electricity generation. This is relevant to EVs specifically because their carbon footprint keeps getting better with a greener energy mix relying more on renewable sources.
Gas prices, meanwhile, are expected to decrease in 2024. CNN reported this week that price-aggregator Gas Buddy expects U.S….
Read full article originally published on www.greencarreports.com